Fixer Upper
Address
400 E 41st Avenue, Gary, IN
Price
$ 60,000
Property Attributes
- MLS#843338
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityGary
- AreaGary
- NeighborhoodGreat Gary Realty Companys 01
- Zip46409
- StyleSingle Family Residence
- Year Built1925
- Taxes$ 1422
- Price$ 60,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.103 Acres
Data Source:
Northwest Indiana REALTOR® Association (NIRA)
Property Description
Investor Special - High-Upside Fix & Flip Opportunity Solid brick multi-level building at 400 E 41st Ave in Gary, IN 46409. This is a true value-add project for experienced investors or rehabbers ready to take on a full gut renovation. The property shows classic older construction with substantial remaining structure, multiple interior spaces, arched openings, and original character elements that can shine once restored. Brick exterior provides a durable shell. Current condition requires complete renovation (extensive interior work, systems, finishes, cleanup, and exterior/site improvements), making it ideal for a full rehab or potential multi-unit conversion depending on zoning and your plans. Located in Gary with access to major routes and the broader Northwest Indiana / Chicago metro market. Nearby properties and ongoing area activity create opportunity for investors targeting rental income, flip, or hold strategies after renovation. Bring your contractor, run the numbers, and transform this into a strong-performing asset. Cash or hard-money buyers preferred. Property sold as-is. Schedule your inspection today and see the potential in person.
| Price History | |
|---|---|
| 8/3/2026 | Listed $60,000 |
General Features
| Sewer | Unknown |
|---|---|
| Heating | None |
| Appliances | None |
| Garage Spaces | 2 |
| Year Built | 1925 |
| View | Neighborhood |
| Township | Calumet |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Great Gary Realty Companys 01 |
| Garage Y/N | Yes |
| Status | Active |
| Directions | Broadway (N) > E 40th Ave. (E) > Delaware St. (S) > 400 E 41st Ave (E) |
| City | Gary |
| Lot Size Square Feet | 4487 |
| Listing Terms | Cash |
| Property Attached Y/N | No |
| Tax Annual Amount | 1422 |
| Property Condition | Fixer |
| Standard Status | Active |
| Tax Assessed Value | 56700 |
| Legal Description | GREAT GARY REALTY CO'S 1ST ADD ALL LOT 19 BL.8 AND E.2 1/10FT. VAC. DELAWARE ST. ADJ. LOT |
Interior Features
| Interior Amenities | None |
|---|---|
| Fireplace Y/N | No |
Exterior Features
| Parking Features | Attached |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Other |
| Lot Size Acres | 0.103 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46409
Price
Taxes
Year Built
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert, Realtors® - Homes by Presto may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 15, 2026 10:31 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 15, 2026 10:31 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
